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Postmortem (Venezuela)
PJ Media ^ | 2-13-2014 | Richard Fernandez

Posted on 02/14/2014 7:25:02 AM PST by Sir Napsalot

The suddenness of Venezuela’s collapse should have come as no surprise because downfalls are inherently abrupt. Collapse is a phase change. One moment something is sailing along fat, dumb and happy and the next moment it is sinking beneath the waves. The change from two to one is a loss of 50%; but the change from one to zero is binary.

(snip)

Think of not being able to buy soap, rice or toilet paper or order a cup of coffee, where ,a href="http://pjmedia.com/richardfernandez/2014/02/13/postmortem/theglobeandmail.com/news/world/venezuelas-economy-on-the-edge-of-the-apocalypse/article16845406/">even the rich are feeling poor. ......"In the grocery stores, both state-run shops and expensive delicatessens, customers barter information: I saw soap here, that store has rice today. ....”

Imagine there’s no money to keep up the sovereign bond payments, the only source of money to keep power plants going.

Welcome to Hugo Chavez’s Venezuela, a country with the fifth largest oil reserves in the world and absolutely broke. It’s a remarkable achievement for Chavismo. A just-wow moment. Socialism is useless at everything except for smashing things in record time. There it excels. It’s hard to imagine that as late as the 1980s Venezuela had the highest standard of living in Latin America. But then in 1960 Detroit was the richest city in the world in per capita income. Now it’s well … Detroit.

James Eccleton remarked on how the mighty have fallen. “Brazil is becoming Argentina, Argentina is becoming Venezuela, and Venezuela is becoming Zimbabwe.” The question that always puzzles historians about the fall of great and rich countries is: ‘why didn’t they say it coming?’ How did they let disaster sneak up on them?

(Excerpt) Read more at pjmedia.com ...


TOPICS: Government; Society
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As always, Wretchard's article needs to be read in full (and sometimes for me, twice).

Back on topic: The mistake is to assume the good time(s) will continue indefinitely.

1 posted on 02/14/2014 7:25:02 AM PST by Sir Napsalot
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To: Sir Napsalot

Bump


2 posted on 02/14/2014 7:34:13 AM PST by 4Liberty (Optimal institutions - optimal economy.)
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To: Sir Napsalot

Coming soon to a city near you.....


3 posted on 02/14/2014 7:34:39 AM PST by Politically Correct (A member of the rabble in good standing)
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To: Sir Napsalot
(more excerpt): The real damage was internal. A society can survive the loss of things, but it cannot survive without institutions or the destruction of culture. Culture is to nations what an immune system is to people. Nations under siege fall back on some atavistic condition. Thus, occupied Poland becomes more Catholic, as does Ireland, and as Egypt perhaps becomes more Muslim. They fall back on the known and the comforting. City Hall might collapse and the factory temporarily closed but if culture and identity survive these things can be reopened again.

The apocalypse of Syria means that many people don’t even want to reopen things any more. They hate their neighbors, individually and collectively.

Sobering and ominous.

4 posted on 02/14/2014 7:38:56 AM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Sir Napsalot

Chavez, giving credit where it is due, at least had the charisma and political savvy to create the Cult of Personality. Once he passed, it was only a matter of time before things would fall apart. Maduro is nothing but a buffoon, and most Chavez supporters think of him as a joke.

That’s why regimes based on a Cult of Personality are ultimately doomed when the leader passes.....See Yugoslavia and Tito.


5 posted on 02/14/2014 7:40:26 AM PST by dfwgator
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To: Sir Napsalot
"The genius of the Left — Chavez’s for example — is that it destroys things from the inside out.

They pervert religion, collapse the mores, abolish the family, shred the constitution and gradually expropriate the property. The differences from one day to the next are apparently imperceptible, but it is harder and harder to go back until finally there is no reversal of ‘progressive gains’ possible at all.

The public is finally faced with the stark choice between chaos or authoritarianism. And most people will chose the Boss over the Mob."

6 posted on 02/14/2014 7:44:21 AM PST by Paladin2
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To: Politically Correct

Coming soon to a American city near you.....

Detroit is just a foreshadowing.

Hope.

Change.

Barack Obama 2008.


7 posted on 02/14/2014 7:45:39 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: dfwgator

F. Bastiat wrote a convincing analysis of the failure of Socialism in 1849.

http://www.gutenberg.org/files/15962/15962-h/15962-h.htm

Had anyone learned from that, imagine the number of unnecessary deaths during the 20th century alone.

Oh, but the right people have not tried this yet? // sarcasm

May God help the U.S. now.


8 posted on 02/14/2014 7:47:27 AM PST by Texas Fossil (Texas is not where you were born, but a Free State of Heart, Mind & Attitude!)
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To: Sir Napsalot; Kartographer

~~~Think of not being able to buy soap, rice or toilet paper or order a cup of coffee~~~

Though an indefinite supply cannot be kept, these things are part of a good prepper’s kit.


9 posted on 02/14/2014 7:47:40 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: Sir Napsalot

Bump


10 posted on 02/14/2014 7:54:46 AM PST by Slyfox (We want our pre-existing HEALTH INSURANCE back!)
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To: dfwgator; All
ok..I'll say it, i hope pResident 0'Muslim gets AID$;
he deserves it, let his "cult of personality" collapse.

11 posted on 02/14/2014 7:56:08 AM PST by skinkinthegrass (The end move in politics is always to pick up a gun..0'Caligula / 0'Reid / 0'Pelosi)
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To: Sir Napsalot
The apocalypse of Syria means that many people don’t even want to reopen things any more. They hate their neighbors, individually and collectively.

How utterly sad that you can see this happening right here in America.

12 posted on 02/14/2014 7:57:50 AM PST by Obadiah (I Like Ted.)
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To: dfwgator
That’s why regimes based on a Cult of Personality are ultimately doomed when the leader passes.....See Yugoslavia and Tito.

Didn't happen in North Korea when Kim il-Jung assumed room temperature. And Castro has been out of power for a few years,

13 posted on 02/14/2014 8:17:22 AM PST by AU72
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To: appalachian_dweller; OldPossum; DuncanWaring; VirginiaMom; CodeToad; goosie; kalee; ...

Preppers’ PING!!


14 posted on 02/14/2014 8:31:36 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Sir Napsalot
We should send Sean Penn and Danny Glover down there to help.

I crack me up.

5.56mm

15 posted on 02/14/2014 8:35:11 AM PST by M Kehoe
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To: F15Eagle
“Brazil is becoming Argentina, Argentina is becoming Venezuela, and Venezuela is becoming Zimbabwe.”

And America is coming up strong from the back.
16 posted on 02/14/2014 8:35:20 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Kartographer

Venezuela was my ‘escape country’.

I am so screwed.


17 posted on 02/14/2014 8:36:15 AM PST by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Kartographer

I wonder how much time we have.


18 posted on 02/14/2014 8:39:43 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: Obadiah
"How utterly sad that you can see this happening right here in America."

Who wants to open a business in Detroit, Chicago, LA......?
19 posted on 02/14/2014 8:40:50 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: Lazamataz
I thought you was going to Finland?


20 posted on 02/14/2014 8:46:08 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: F15Eagle

That’s a BIG Question. I can tell you what they will do they will run it right up to the edge and then over and never admit anything is wrong, just like they do when anything the government is invovled in fails. You at most will have a couple of days after before everyone realizes what happening and even with ‘tanks’ in the back ground and rolling down the street the spokes people will continue to spew garbage and many is not most won’t even realize its happening.


21 posted on 02/14/2014 8:50:14 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: F15Eagle

I’d say it might very well coincide with the event referred to in the verse “no one knows the day or the hour”.

What would cause a total collapse faster than the sudden disappearance of a good portion of those folks that actually work in this economy?


22 posted on 02/14/2014 8:50:50 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: MrB

There must be a reason that America is not significant in End-Times Bible Prophecy.

I do believe we could be witnessing why.


23 posted on 02/14/2014 8:53:01 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: Kartographer

Why is this called a “postmortem”?

The collapse and chaos are not “over” by any means.


24 posted on 02/14/2014 8:54:52 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Sir Napsalot

Historians are puzzeled? It takes 0 time to figure out the problem, for 3000+ years politicians have learned you can ride the power wave promising some the fruits of others labor.

Couple that with a governmental or bank ability to free float the money unit and POOF! No more country...


25 posted on 02/14/2014 8:58:57 AM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: MrB
If you read the article you'll find out......it's a good read, worthwhile.
26 posted on 02/14/2014 8:59:24 AM PST by Lakeshark (Mr Reid, tear down this law!)
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To: Sir Napsalot

Good article, thanks for posting.


27 posted on 02/14/2014 8:59:42 AM PST by caver (Obama: Home of the Whopper)
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To: MrB

Not sure ask the poster or the author, but my guess is the coroner in a hurry to get to his BOL.


28 posted on 02/14/2014 9:01:17 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: MrB

Oh yes, that day and hour may well be part of it, too.

The last vestige of conservative thought and action in American. Bitterly clinging to their Bibles.


29 posted on 02/14/2014 9:02:43 AM PST by F15Eagle (1Jn4:15;5:4-5,11-13;Mt27:50-54;Mk15:33-34;Jn3:17-18,6:69,11:25,14:6,20:31;Ro10:8-11;1Tm2:5-6;Ti3:4-7)
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To: Kartographer

I live in a town of 40,000 and no one is opening any new stores. At least 10 or 15 have went out in the last 2 years plus Sears and K-Mart are closing in a couple of months.


30 posted on 02/14/2014 9:02:59 AM PST by caver (Obama: Home of the Whopper)
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To: MrB
I’d say it might very well coincide with the event referred to in the verse “no one knows the day or the hour”.

What would cause a total collapse faster than the sudden disappearance of a good portion of those folks that actually work in this economy?

If the Rapture happens before the SHTF I hope that some Tribulation Saint finds all my preps and puts them to good use.

31 posted on 02/14/2014 9:03:25 AM PST by SVTCobra03 (You can never have enough friends, horsepower or ammunition.)
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To: AU72
Didn't happen in North Korea when Kim il-Jung assumed room temperature. And Castro has been out of power for a few years,

That's because those are Family Dynasties.

32 posted on 02/14/2014 9:06:01 AM PST by dfwgator
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To: Sir Napsalot

>>The question that always puzzles historians about the fall of great and rich countries is: ‘why didn’t they say it coming?’ How did they let disaster sneak up on them?<<

Because man is egotistically stupid.


33 posted on 02/14/2014 9:07:24 AM PST by NTHockey (Rules of engagement #1: Take no prisoners. And to the NSA trolls, FU)
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To: Sir Napsalot

Just my personal observation, but it takes four times as long to build something up as it takes to tear it down.


34 posted on 02/14/2014 9:09:09 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: Lakeshark

Have to do that later - only so much time waiting on the compiler... :)


35 posted on 02/14/2014 9:12:33 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Sir Napsalot
in 1960 Detroit was the richest city in the world in per capita income.

My in-laws have home movies they shot in 1960, shortly after they moved to Detroit. It surely was a hoppin' happenin' place.

Could not be a starker contrast from today.


36 posted on 02/14/2014 9:16:12 AM PST by Buckeye McFrog
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To: Sir Napsalot
Detroit was untouched by the war. Not a bomb fell on it. But years of public education worked their magic. It dismantled the culture and social institutions which once built its factories.

Long article but well worth the read.

37 posted on 02/14/2014 9:23:43 AM PST by marron
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To: Sir Napsalot

well done. mr fernandez aptly describes the real “hockey stick,” both figurative and literal. ours, of course, is already well nigh poised to strike.


38 posted on 02/14/2014 9:25:28 AM PST by dadfly
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To: Texas Fossil

Astute fellow, wasn’t he? Sadly prescient as well.


39 posted on 02/14/2014 9:29:55 AM PST by Trod Upon (Every penny given to film and TV media companies goes right into enemy coffers. Starve them out!)
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To: Trod Upon
Yes.

“That Which Is Seen, and That Which Is Not Seen.”

“The others unfold in succession—they are not seen: it is well for us if they are foreseen.”

40 posted on 02/14/2014 9:45:54 AM PST by Texas Fossil (Texas is not where you were born, but a Free State of Heart, Mind & Attitude!)
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To: Paladin2
"The genius of the Left — Chavez’s for example — is that it destroys things from the inside out.

They pervert religion, collapse the mores, abolish the family, shred the constitution and gradually expropriate the property.
The differences from one day to the next are apparently imperceptible, but it is harder and harder to go back until finally there is no reversal of ‘progressive gains’ possible at all.

Sounds like America 2008-2014

I have thought for quite a while that the establishment republicans have misread what is happening.

They are treating the Obama takeover as just another swing of the pendulum - democrats have the power now but republicans figure they can hang on and their turn will come the next election, or the next, or the next.

In their minds, once they are back in the majority they will just roll back the Obama era and get back to some semblance of what they consider normal.

But this isn't just another swing of the pendulum.

The people behind Obama are smart enough to know that if they force certain changes on the country, once those changes are in place there is no reasonable way to go back - at least no way without causing pain and disruption to the country and they know the republicans won't have the guts to do that.

It doesn't matter to the democrats/progressives if a change - like Obamacare - works well right now or not. The important thing for them is to destroy the old system and force the new program into place, making it next to impossible to return to the old system.

The time for republicans to act is now, before the democrats totally rip our culture and traditions apart. Waiting to act after they win a majority in some election sometime in the future will be too late.

But the republican elites still don't see this as the time for all-out war against the Obama juggernaut. They just want to wait for the good old days to come back.


41 posted on 02/14/2014 9:48:57 AM PST by Iron Munro ("Show me the man, and I'll show you the crime." - Lavrentiy Beria (& Eric Holder))
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To: F15Eagle

I’ve always figured that wyrmwood would impact on this hemisphere since all the action would otherwise be centered around the other side.


42 posted on 02/14/2014 10:02:09 AM PST by reed13k (For evil to triumph it is only necessary for good men to do nothings)
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To: blueunicorn6

Rome wasn’t sacked in a day...


43 posted on 02/14/2014 10:11:21 AM PST by Paladin2
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To: Iron Munro
Few took the ominous “THE MOST IMPORTANT” election warning in 2008 that seriously.

But let's face it, the “work” is in progress for at least 5 decades (if not close to a century) now.

Also substitute Chavez with Obama, and all those things described are still true. Never ever forget Obama: We Are 5 Days From Fundamentally Transforming America (youtube) Which he now says he never said it.

44 posted on 02/14/2014 10:30:37 AM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Paladin2
“They pervert religion, collapse the mores, abolish the family, shred the constitution and gradually expropriate the property. The differences from one day to the next are apparently imperceptible, but it is harder and harder to go back until finally there is no reversal of ‘progressive gains’ possible at all. The public is finally faced with the stark choice between chaos or authoritarianism. And most people will chose the Boss over the Mob.”

To me, the above is what is happening here. No one thought mighty Rome would fall, but it did. This county is well on the road to collapse and when it does, other countries, islands, any other configuration of land, will also collapse as the US has been the backbone of the world.

As an example, if you go into an English grocery store, and take out all the American products, not much will be left in that store. I intentionally went through one of their largest grocery stores, to identify American products. If you wanted wax for your floor, you either buy Johnson wax or you don't buy wax as that was the only brand there. Dishwashing liquid was mostly American products.

Go in a drugstore in England and take out American products and not much is left.

Every country sells our products. Their standard of living is going down without our products. Islands would be worse off because their products have to get there by ship and that includes food products. If ships can't get there due to no fuel or repair items to keep ships moving, people on those islands will die. Do not live in the Hawaiian Islands or on any island.

Store food and a water purifier so one can safely purify any water, and store drugs and anything else that one must have to keep living.

One MUST learn how to grow food and store food seed. Do not think you can poke seeds into the ground and grow food. It has taken me a year of trial and error and study and asking questions of gardeners to know how to grow food from seed and keep it growing and finally producing.

45 posted on 02/14/2014 10:33:31 AM PST by Marcella ((Prepping can save your life today. I am a Christian, not a Muslim.))
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To: Paladin2; Marcella; dfwgator; AU72; MrB; F15Eagle

Yet the Berlin Wall did. I believe that’s how it will happen to us the ones in the know will start skipping town to keep from being hung on lamp post it it will slowly filter down and no one will want to own it.


46 posted on 02/14/2014 10:44:23 AM PST by Kartographer ("We mutually pledge to each other our lives, our fortunes and our sacred honor.")
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To: F15Eagle

Most would go into crisis mode if Starbucks closed. I’ve never darkened their doors.


47 posted on 02/14/2014 11:27:02 AM PST by bgill
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To: dfwgator
-- Maduro is nothing but a buffoon--

He proved that he can drive a bus but he can't drive a country.... except into a ditch.

48 posted on 02/14/2014 4:46:47 PM PST by JPG (Yes We Can morphs into Make It Hurt.)
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To: Sir Napsalot

Thank you for posting. The whole article was worth the read.
Our community is not dead yet. But buzzards are circling.


49 posted on 02/14/2014 4:53:24 PM PST by SisterK (behold a pale horse)
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To: F15Eagle

The way Congress is kissing butt?

Not nearly enough time.

Hate to see the mess my Country is in.


50 posted on 02/14/2014 8:21:29 PM PST by Shadowstrike (Be polite, Be professional, but have a plan to kill everyone you meet.)
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